Which professional is described as someone who examines insurance policies for a fee or commission?

The correct answer is a counselor. A counselor in the context of insurance is a professional who provides advice and guidance on various insurance policies, helping clients understand their needs and options. They may examine existing policies for a fee or commission, ensuring that clients are well-informed about their coverage and any potential gaps. This role requires expertise in interpreting insurance terms and assessing the suitability of different policies for individuals or businesses.

In comparison, a broker typically acts as an intermediary between consumers and insurance companies, helping clients find the best insurance products but may not specifically be focused on examining policies for a fee. An agent represents an insurance company and sells their products rather than assessing various policies independently. An underwriter, on the other hand, evaluates risks and determines the terms of insurance policies but does not typically engage with clients in the same way a counselor does. Each of these professionals plays a distinct role in the insurance industry, but the counselor's focus on examining policies highlights their advisory capabilities.